Finance Manager Real Estate

About the Role

The Management Recruitment Group (MRG) is supporting a prominent Saudi real estate development and investment organization in recruiting a Finance Manager. This is a full-time, senior finance leadership position based in Riyadh, Saudi Arabia, responsible for the overall financial management, planning, reporting, treasury, and regulatory compliance of the organization and its subsidiaries.

Role Context and Impact

Reporting directly to the CFO & VP Support Services, the Finance Manager will lead the Finance & Accounting function. This role acts as a key business partner to executive leadership, providing financial insight to support investment, development, and commercial decision-making. The position also plays an important role in supporting the organization's real estate activities, including financial analysis for property acquisitions, development feasibility, lease pricing, capital allocation, and investment performance. A further priority will be the continued transformation of the finance function, including greater automation, real-time reporting, and the adoption of advanced financial analytics.

Key Responsibilities

• Lead the Finance & Accounting function across FP&A, accounting operations, tax, and treasury.
• Develop and manage annual business plans, departmental budgets, and financial forecasts.
• Oversee monthly, quarterly, and annual financial reporting, including consolidated reporting across subsidiaries.
• Ensure compliance with IFRS, Saudi GAAP, VAT, Zakat, WHT, and ZATCA requirements.
• Lead statutory audits and manage relationships with external auditors, banks, tax advisers, and other financial stakeholders.
• Manage treasury operations, cash flow forecasting, banking relationships, and credit facilities.
• Provide financial analysis to support property acquisitions, development feasibility, lease pricing, and capital allocation decisions.
• Monitor financial performance, investment returns, risk exposure, and cost management across the organization.
• Provide executive-level financial reporting and present forecasts, performance, and strategic analysis to senior leadership and the Board.
• Partner with department heads to strengthen budgeting, cost control, and overall financial performance.
• Drive finance transformation through automation, Power BI reporting, Yardi, and AI-assisted financial tools.
• Lead, coach, and develop the Finance & Accounting team, establishing clear performance measures and succession plans.
• Maintain robust financial governance, controls, and continuous audit readiness.

Candidate Profile

• An established finance leader with 5-10 years of experience.
• Strong technical accounting expertise.
• Demonstrated commercial and strategic capability.

Compensation

The salary for this position ranges from 30,000 to 40,000 SAR per month, plus a comprehensive package.